On May 5, the former Bank of China president Li Lihui took to a live broadcast to address his thoughts on the upcoming digital yuan. Firstly, the launch for the…
An official from the People’s Bank of China (PBOC) has stepped forth amidst the confusion and lack of available public information to provide greater clarification on what the DC/EP will…
China’s digital yuan is more commonly known as the DC/EP. Users can access the mobile application created by the ABC on both Android and iOS
As central banks worldwide pull their resources to research, study, test and launch central bank digital currency (CBDC) projects, the Bank of Korea is the next central bank in line…
The Bank of International Settlement has published a report urging central banks from across the globe to consider the development of the CBDCs to cope with COVID-19
The Banque de France is approaching the development of a central bank digital currency (CBDC) differently than its other European counterparts by looking to the private sector for a CBDC…
The People’s Bank of China has finalized the functions of the digital Yuan and are now focusing their efforts on designing regulations for its circulation and use by the public.
While the bill does not allude to any crypto or blockchain tech, the crypto community buzzed with excitement at the possibility of a CBDC for the USD
BitMex Research released a report on the economic impacts of central bank digital currencies (CBDCs) with some selected countries highlighted as use cases.
The BIS noted that there are currently 17 countries and their central banks considering a CBDC. However, none of them are developing their digital currency for cross-border payments